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Global subsea tree awards set to surpass 200 units in 2025, Westwood says

OilNOW -
Subsea tree orders are on track to cross 200 units this year, according to Westwood’s Global Subsea Tree Tracker. The firm stated in a September 4 report that as of the end of August 2025, “108 subsea tree units...
Energy Insights

The Oil Pollution Prevention, Preparedness Response and Responsibility Act: Liability 

Chevy Devonish -
In my last piece, I gave an overview of Guyana’s new Oil Pollution Prevention, Preparedness Response and Responsibility Act 2025 (OPPPRR) To be clear, by new, I do not mean that this is the most recent version of this legislation....
News

Guyanese-American welder returns home to train Guyanese for oil and gas jobs 

OilNOW -
UPDATE: This article has been updated with additional information to reflect that Mohamed Ally is contracted with the School of the Nations to provide welding training for Guyanese. It also clarifies that the School of the Nations is the...
Opinions

Letter-to-the-Editor: PPP/C win signals stability but raises expectations in the oil sector

OilNOW -
Dear Editor, With the PPP/C winning the elections and securing a clear parliamentary majority, there’s been a lot of talk about what this means for Guyana’s oil and gas sector. One thing is certain: a majority government gives the PPP/C...
Rules of the Game

How exploration and production are governed in Suriname

Işıl Güneş -
PARAMARIBO, SURINAME – Suriname’s petroleum industry is governed by the Petroleum Law of 1990, enacted in 1991 (S.B. 1991 no. 7) and amended in 2001. This framework has shaped how oil and gas resources are managed, licensed and developed...
News

Ali names 25-member cabinet; Vickram Bharrat back at oil ministry

OilNOW -
President Irfaan Ali of Guyana unveiled 25 ministerial Cabinet appointees on Saturday evening, as the government embarks on its new five-year term. “The work we’re about to embark on is for all of Guyana, every citizen. It’s to reach every...
News

Suriname and Guyana leaders commit to energy cooperation and Corentyne bridge advancement

Işıl Güneş -
NIEUW NICKERIE, SURINAME - Suriname’s President Jennifer Geerlings-Simons and Guyana’s recently re-elected President Irfaan Ali met on September 13 in Nieuw Nickerie, Suriname, to strengthen bilateral ties and advance cooperation in key areas, with oil and gas and the...
News

Fourth batch of Guyanese complete phase one of SBM Offshore Guyana’s Trainee Technician Programme

OilNOW -
Another batch of Guyanese has completed the first phase of SBM Offshore Guyana’s Trainee Technician Programme at LearnCorp International (LCI) at Cape Breton University in Canada. According to a statement from the company this week, the graduates were honoured...
News

Guyana and Suriname leaders advance talks on trade, energy, and connectivity at high-level meeting

OilNOW -
Joint Statement - Meeting Between Jennifer Geerlings- Simons, President of the Republic of Suriname and Dr. Mohamed Irfaan Ali, President of the Co-operative Republic of Guyana in Nieuw Nickerie, Suriname Jennifer Geerlings-Simons, President of the Republic of Suriname and Dr....
Guyana's Oil Ledger

Guyana oil fund swells past US$3.6 billion

Kemol King -
Guyana received nearly US$213 million (GY$$44 billion) in oil revenues in August, according to the latest Natural Resource Fund (NRF) report published by the Bank of Guyana. The inflow reflects payments for an estimated three cargoes, each about one...
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Latest News

NewsOilNOW -

GCCI’s Business Development Forum to equip MSMEs for 2026 growth opportunities in Guyana and around the world

As Guyana continues on a trajectory of rapid economic expansion, the Georgetown Chamber of Commerce and Industry (GCCI) is...

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